1. |
However, while the Government and |
a. |
Additional help in matching |
||
industry are already taking steps to |
the incentives( e. g. cheap |
||||
raise demand for energy efficient |
land, lower interest rates) |
||||
lighting, there exist supply side |
offered by some of our |
||||
weaknesses in LED lighting |
neighbouring countries( like |
||||
products and LED Luminaires. |
China, Sri Lanka) for |
||||
a. |
Limited testing capacity for |
manufacture of LEDs is |
|||
LED lighting. |
needed. |
||||
b. |
Heavy dependence on imports |
4. |
Further, Indian manufacturing has |
||
for electronic components and |
potential to become more cost |
||||
LED chips, as well as end |
competitive vs. China with |
||||
product. |
increasing labour costs in China |
||||
2. |
Currently, our strength lies in |
compared to India, and a |
|||
conventional Luminaires and |
weakened INR vs. a strengthening |
||||
complete range of lamp |
CNY. |
||||
manufacture, as well as availability |
5. |
Large volumes of low quality |
|||
of a strong labour force for |
imports in recent years have |
||||
assembling LED products. |
affected consumer confidence in |
||||
a. |
However, our involvement in |
new technologies, thus increasing |
|||
luminaire design and research |
the need for quality-control on |
||||
needs strengthening. |
supply in the market. Additionally, |
||||
3. |
India has been very successful in |
customers have been using |
|||
manufacturing CFL and this can be |
increasing amount of smart |
||||
replicated in LED as well. |
controls in lighting. |
||||
India Lighting Industry: SWOT analysis | |||||
Strengths |
materials. |
||||
|
Ü
Ü
Ü
Ü
|
Huge demand forecasted for all types of lighting products, specially
LED and CFLs, driven by increasing awareness and rural electrification.
Large distribution network, with a huge number of retail outlets •
Availability of huge manpower
( skilled / unskilled).
Availability of natural resources, except rare earth material.
Strong manufacturing capability and capacity for luminaires and light sources( GLS, CFL, FTL) which are ready for conversion to LEDs manufacturing plants.
|
Ü
High cost of capital due to high interest rates.
Ü
Low consumer confidence, due to poor quality products in the market.
Ü
Low awareness among consumers about benefits of LEDs / CFLs, consumers scared by the cost without understanding the benefits.
Ü
Poor power quality condition, requiring products to have very strong specification.
Ü
Weak logistics infrastructure.
Ü
Inefficient & high transportation cost.
Opportunity
|
|||
|
Weakness
Ü
The Indian lighting industry is less energy efficient compared to other countries; significant scope for improvement.
Ü
Low capability for domestic production of electronics; majority of value-add for Indian LED market is done outside of India.
Ü
Less Govt. support compared to global competitors like China, who has become a global manufacturing hub for LED /
Electrical components through a lot of government support.
Ü
Low R & D and Testing lab capability.
Ü
Lack of skill development programs and institutions.
Ü
No availability of rare earth
|
Ü
Ü
Ü
Ü
Ü
|
Huge potential to move LED and electronic component manufacturing to India.
India likely to become cost competitive vs. China on export of manufactured goods due to increasing and higher labour costs in China, and a strengthening Yuan, coupled with a weakening rupee.
Potential to move to greater automation in lighting( including dimmablity option) via a strict and mandatory Energy Conservation
Building Code( ECBC). This would also leverage India’ s software skills for automation.
Fast growing Indian infrastructure
( projected to grow by 5-7 % CAGR over next 5 years).
Scope for more environment friendly products and their disposal.
|
|||